News
Nearly 9 in 10 use mobile wallets for payments in HK: study
This is expected to increase amidst efforts to push for electronic payment.
Nearly 9 in 10 use mobile wallets for payments in HK: study
This is expected to increase amidst efforts to push for electronic payment.
Hong Kong central bank extends deputy chief exec’s appointment for 2 years
Yuen will continue in his role for two more years beyond retirement age.
Gov’t approves 15 building plans in March
Six of the projects will provide 57,290 sq.m. of gross floor area for domestic use.
Two banks in Hong Kong warn against phishing emails
Tai Sang Bank cautioned against emails claiming to be from its chairman.
PolyU's fungus-based fat replacer targets obesity, elevates gut health
Hotel ICON has incorporated the alternative to reduce fat in soft serve and desserts.
Hong Kong imposes 14-year license ban on ex-Prudential agent
The agent scammed policyholders to transfer RMB2.35m into his bank account.
Gov’t orders Worldcoin to halt operations over data privacy violation
Authorities said the collection of face and iris images were excessive.
Hong Kong to host over 100 mega events in 2H24
These mega events will attract 1.7 million visitors in Hong Kong.
Grade A office market posts net absorption of 248,000 sq ft in April
Office market growth lowered overall vacancy to 13%.
Proportion of employees receiving bonuses declines
Employees received an average bonus equal to 1.4 months' salary.
Gov’t to prosecute building owners ignoring fire safety orders
Approximately 9,000 buildings currently stand with expired directions.
HK approves 15 building plans in March
Four were approved on Hong Kong Island, two in Kowloon, and nine in the New Territories.
75% of HK consumers shop on social media: report
Features such as payment methods, personalisation, and payment security are also crucial for attracting customers.
Disappointing 1Q'24 dampens Prudential's outlook: Jefferies
Jefferies reduced its price target by 22%.
Govt launches Smart Site Safety System Labelling Scheme for site workers
The scheme seeks to ensure a safe work environment for site workers.
Unemployment rate stands at 3%
There were 113,700 unemployed people from February and April.
Cathay Pacific's passenger volume rise 26.1% YoY in April
The airline carried 1.74 million passengers.
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